burns chemist limited

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burns chemist limited Company Information

Share BURNS CHEMIST LIMITED
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Company Number

05139906

Registered Address

416 green lane, ilford, essex, IG3 9JX

Industry

Dispensing chemist in specialised stores

 

Telephone

02085343179

Next Accounts Due

May 2025

Group Structure

View All

Directors

Geeta Parmar17 Years

Bharat Parmar17 Years

Shareholders

geeta parmar 50%

bharat parmar 50%

burns chemist limited Estimated Valuation

£249.4k

Pomanda estimates the enterprise value of BURNS CHEMIST LIMITED at £249.4k based on a Turnover of £909.8k and 0.27x industry multiple (adjusted for size and gross margin).

burns chemist limited Estimated Valuation

£210.2k

Pomanda estimates the enterprise value of BURNS CHEMIST LIMITED at £210.2k based on an EBITDA of £52.1k and a 4.03x industry multiple (adjusted for size and gross margin).

burns chemist limited Estimated Valuation

£3.3m

Pomanda estimates the enterprise value of BURNS CHEMIST LIMITED at £3.3m based on Net Assets of £1.3m and 2.48x industry multiple (adjusted for liquidity).

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Burns Chemist Limited Overview

Burns Chemist Limited is a live company located in essex, IG3 9JX with a Companies House number of 05139906. It operates in the dispensing chemist in specialised stores sector, SIC Code 47730. Founded in May 2004, it's largest shareholder is geeta parmar with a 50% stake. Burns Chemist Limited is a mature, small sized company, Pomanda has estimated its turnover at £909.8k with declining growth in recent years.

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Burns Chemist Limited Health Check

Pomanda's financial health check has awarded Burns Chemist Limited a 5 rating. We use a traffic light system to show it exceeds the industry average on 4 measures and has 4 areas for improvement. Company Health Check FAQs

Health Check Image
Health Rating5out of 5
positive_score

4 Strong

positive_score

4 Regular

positive_score

4 Weak

size

Size

annual sales of £909.8k, make it smaller than the average company (£12.3m)

£909.8k - Burns Chemist Limited

£12.3m - Industry AVG

growth

Growth

3 year (CAGR) sales growth of -34%, show it is growing at a slower rate (5.6%)

-34% - Burns Chemist Limited

5.6% - Industry AVG

production

Production

with a gross margin of 27%, this company has a comparable cost of product (30.5%)

27% - Burns Chemist Limited

30.5% - Industry AVG

profitability

Profitability

an operating margin of 5.1% make it more profitable than the average company (2.1%)

5.1% - Burns Chemist Limited

2.1% - Industry AVG

employees

Employees

with 7 employees, this is below the industry average (81)

7 - Burns Chemist Limited

81 - Industry AVG

paystructure

Pay Structure

on an average salary of £23k, the company has an equivalent pay structure (£23k)

£23k - Burns Chemist Limited

£23k - Industry AVG

efficiency

Efficiency

resulting in sales per employee of £130k, this is equally as efficient (£135.2k)

£130k - Burns Chemist Limited

£135.2k - Industry AVG

debtordays

Debtor Days

it gets paid by customers after 61 days, this is later than average (30 days)

61 days - Burns Chemist Limited

30 days - Industry AVG

creditordays

Creditor Days

its suppliers are paid after 129 days, this is slower than average (67 days)

129 days - Burns Chemist Limited

67 days - Industry AVG

stockdays

Stock Days

it holds stock equivalent to 25 days, this is in line with average (31 days)

25 days - Burns Chemist Limited

31 days - Industry AVG

cashbalance

Cash Balance

has cash to cover current liabilities for 216 weeks, this is more cash available to meet short term requirements (15 weeks)

216 weeks - Burns Chemist Limited

15 weeks - Industry AVG

debtlevel

Debt Level

it has a ratio of liabilities to total assets of 15.3%, this is a lower level of debt than the average (60.6%)

15.3% - Burns Chemist Limited

60.6% - Industry AVG

BURNS CHEMIST LIMITED financials

EXPORTms excel logo

Burns Chemist Limited's latest turnover from August 2023 is estimated at £909.8 thousand and the company has net assets of £1.3 million. According to their latest financial statements, Burns Chemist Limited has 7 employees and maintains cash reserves of £982.1 thousand as reported in the balance sheet.

Data source: Companies HousePomanda Estimates

Aug 2023Aug 2022Aug 2021Aug 2020Aug 2019Aug 2018Aug 2017Aug 2016Aug 2015Aug 2014Aug 2013Aug 2012Aug 2011Aug 2010Aug 2009
Turnover909,760962,0193,399,3303,122,8282,646,710542,480687,123653,407637,296660,897426,939478,703678,925478,9860
Other Income Or Grants000000000000000
Cost Of Sales664,572687,9832,456,3472,352,0611,974,668405,172498,801470,235467,074476,789306,096349,256498,390355,1220
Gross Profit245,188274,036942,983770,767672,042340,119386,910183,172170,222184,107120,844129,446180,535123,8640
Admin Expenses198,940199,197863,560628,178641,289208,407210,37274,24643,63894,50123,26524,12815,290-8,863-292,450
Operating Profit46,24874,83979,423142,58930,753131,712176,538108,926126,58489,60697,579105,318165,245132,727292,450
Interest Payable000000298004,8759,7504,875000
Interest Receivable49,8838,866002,4175,79009281,8221,9101,5281,3341,096738266
Pre-Tax Profit96,13183,70579,423142,58933,170137,502176,240109,854128,40686,64189,357101,776166,341133,465292,715
Tax-24,033-15,904-15,090-27,092-6,302-28,448-37,274-21,971-25,681-18,195-20,552-24,426-43,249-37,370-81,960
Profit After Tax72,09867,80164,333115,49726,868109,054138,96687,883102,72568,44668,80577,350123,09296,095210,755
Dividends Paid000000000000000
Retained Profit72,09867,80164,333115,49726,868109,054138,96687,883102,72568,44668,80577,350123,09296,095210,755
Employee Costs160,702237,010161,362154,435130,172167,238144,787107,71587,25887,34750,79451,14085,99550,3510
Number Of Employees7118879865533530
EBITDA*52,13781,55079,423142,58930,753144,084198,094133,050153,704108,71497,579127,532180,949141,883301,770

* Earnings Before Interest, Tax, Depreciation and Amortisation

Aug 2023Aug 2022Aug 2021Aug 2020Aug 2019Aug 2018Aug 2017Aug 2016Aug 2015Aug 2014Aug 2013Aug 2012Aug 2011Aug 2010Aug 2009
Tangible Assets358,371363,032374,647382,482389,799395,112407,484422,040439,014393,617399,293336,215300,802262,214263,149
Intangible Assets5,2505,2500005,25012,25019,25026,25033,25040,25047,25054,25061,25068,250
Investments & Other000000000000000
Debtors (Due After 1 year)000000000000000
Total Fixed Assets363,621368,282374,647382,482389,799400,362419,734441,290465,264426,867439,543383,465355,052323,464331,399
Stock & work in progress45,75044,25000065,86054,95045,12542,33545,36049,55060,50066,66851,99846,500
Trade Debtors154,496134,4331,077,1791,024,876848,55965,503134,466141,271129,21487,15766,81382,706133,40279,70371,484
Group Debtors000000000000000
Misc Debtors000006,673000000000
Cash982,0721,013,252000644,505543,266450,344292,177436,768327,150284,117249,374188,893106,285
misc current assets000000000000000
total current assets1,182,3181,191,9351,077,1791,024,876848,559782,541732,682636,740463,726569,285443,513427,323449,444320,594224,269
total assets1,545,9391,560,2171,451,8261,407,3581,238,3581,182,9031,152,4161,078,030928,990996,152883,056810,788804,496644,058555,668
Bank overdraft000000000000000
Bank loan000000000000000
Trade Creditors 236,071322,447281,957301,822248,319128,765238,199242,779181,622351,509156,859153,396224,454187,108194,813
Group/Directors Accounts000000000000000
other short term finances000000000000000
hp & lease commitments000000000000000
other current liabilities0000090,867000000000
total current liabilities236,071322,447281,957301,822248,319219,632238,199242,779181,622351,509156,859153,396224,454187,108194,813
loans0000000000150,000150,000000
hp & lease commitments000000000000000
Accruals and Deferred Income000000000000000
other liabilities000000000000150,000150,000150,000
provisions000000000000000
total long term liabilities0000000000150,000150,000150,000150,000150,000
total liabilities236,071322,447281,957301,822248,319219,632238,199242,779181,622351,509306,859303,396374,454337,108344,813
net assets1,309,8681,237,7701,169,8691,105,536990,039963,271914,217835,251747,368644,643576,197507,392430,042306,950210,855
total shareholders funds1,309,8681,237,7701,169,8691,105,536990,039963,271914,217835,251747,368644,643576,197507,392430,042306,950210,855
Aug 2023Aug 2022Aug 2021Aug 2020Aug 2019Aug 2018Aug 2017Aug 2016Aug 2015Aug 2014Aug 2013Aug 2012Aug 2011Aug 2010Aug 2009
Operating Activities
Operating Profit46,24874,83979,423142,58930,753131,712176,538108,926126,58489,60697,579105,318165,245132,727292,450
Depreciation5,8896,71100012,37214,55617,12420,12012,108015,2148,7042,1562,320
Amortisation0000007,0007,0007,0007,00007,0007,0007,0007,000
Tax-24,033-15,904-15,090-27,092-6,302-28,448-37,274-21,971-25,681-18,195-20,552-24,426-43,249-37,370-81,960
Stock1,50044,25000-65,86010,9109,8252,790-3,025-4,190-10,950-6,16814,6705,49846,500
Debtors20,063-942,74652,303176,317776,383-62,290-6,80512,05742,05720,344-15,893-50,69653,6998,21971,484
Creditors-86,37640,490-19,86553,503119,554-109,434-4,58061,157-169,887194,6503,463-71,05837,346-7,705194,813
Accruals and Deferred Income0000-90,86790,867000000000
Deferred Taxes & Provisions000000000000000
Cash flow from operations-79,8351,004,632-7,835-7,317-657,385148,449153,220157,389-80,896269,015107,33388,912106,67783,091296,639
Investing Activities
capital expenditure-1,228-3467,8357,31710,5637,0000-150-65,517-6,432-56,078-50,627-47,292-1,221-340,719
Change in Investments000000000000000
cash flow from investments-1,228-3467,8357,31710,5637,0000-150-65,517-6,432-56,078-50,627-47,292-1,221-340,719
Financing Activities
Bank loans000000000000000
Group/Directors Accounts000000000000000
Other Short Term Loans 000000000000000
Long term loans000000000-150,0000150,000000
Hire Purchase and Lease Commitments000000000000000
other long term liabilities00000000000-150,00000150,000
share issue010000-100-60,000-60,0000000000100
interest49,8838,866002,4175,790-2989281,822-2,965-8,222-3,5411,096738266
cash flow from financing49,8838,966002,317-54,210-60,2989281,822-152,965-8,222-3,5411,096738150,366
cash and cash equivalents
cash-31,1801,013,25200-644,505101,23992,922158,167-144,591109,61843,03334,74360,48182,608106,285
overdraft000000000000000
change in cash-31,1801,013,25200-644,505101,23992,922158,167-144,591109,61843,03334,74360,48182,608106,285

burns chemist limited Credit Report and Business Information

Very Low Risk70 - 100
Low Risk50 - 70
Moderate Risk30 - 50
High Risk20 - 30
Very High Risk0 - 20
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Burns Chemist Limited Competitor Analysis

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Perform a competitor analysis for burns chemist limited by selecting its closest rivals, whether from the WHOLESALE AND RETAIL TRADE; REPAIR OF MOTOR VEHICLES AND MOTORCYCLES sector, other small companies, companies in IG3 area or any other competitors across 12 key performance metrics.

burns chemist limited Ownership

BURNS CHEMIST LIMITED group structure

Burns Chemist Limited has no subsidiary companies.

Ultimate parent company

BURNS CHEMIST LIMITED

05139906

BURNS CHEMIST LIMITED Shareholders

geeta parmar 50%
bharat parmar 50%

burns chemist limited directors

Burns Chemist Limited currently has 2 directors. The longest serving directors include Mrs Geeta Parmar (Sep 2007) and Mr Bharat Parmar (Sep 2007).

officercountryagestartendrole
Mrs Geeta ParmarUnited Kingdom56 years Sep 2007- Director
Mr Bharat Parmar58 years Sep 2007- Director

P&L

August 2023

turnover

909.8k

-5%

operating profit

46.2k

0%

gross margin

27%

-5.39%

turnover

Turnover, or revenue, is the amount of sales generated by a company within the financial year.

Balance Sheet

August 2023

net assets

1.3m

+0.06%

total assets

1.5m

-0.01%

cash

982.1k

-0.03%

net assets

Total assets minus all liabilities

burns chemist limited company details

company number

05139906

Type

Private limited with Share Capital

industry

47730 - Dispensing chemist in specialised stores

incorporation date

May 2004

age

20

incorporated

UK

ultimate parent company

None

accounts

Unaudited Abridged

last accounts submitted

August 2023

previous names

N/A

accountant

-

auditor

-

address

416 green lane, ilford, essex, IG3 9JX

Bank

-

Legal Advisor

-

burns chemist limited Charges & Mortgages

A charge, or mortgage, refers to the rights a company gives to a lender in return for a loan, often in the form of security given over business assets.

We did not find charges/mortgages relating to burns chemist limited.

charges

burns chemist limited Companies House Filings - See Documents

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